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Where’s the Diversity in Fortune 500 CEOs?

There's a dearth of Black, Latino and Asian CEOs running major companies—but the DiversityInc Top 50 companies have better stats.

Banga, Rodriguez

Where Is Diversity in Fortune 500 CEOs?

Banga, Rodriguez

There are five Black CEOs of Fortune 500 companies, accounting for 1 percent of all Fortune 500 CEOs. Merck & Co. is No. 14 in The 2014 DiversityInc Top 50 Companies for Diversity and TIAA-CREF is No. 36. CEOs in the DiversityInc Top 50 total 6 percent Black.

• Kenneth C. Frazier, Merck & Co.
• Roger W. Ferguson Jr., TIAA-CREF
• Kenneth I. Chenault, American Express
• Don Thompson*, McDonald’s
• Ursula M. Burns, Xerox Corporation<

*Thompson has announced his retirement effective March 1.

There are 10 Asian CEOs of Fortune 500 companies, accounting for 2 percent of all Fortune 500 CEOs. Medtronic is No. 41 in the DiversityInc Top 50 and MasterCard is No. 6. CEOs in the DiversityInc Top 50 are 4 percent Asian.

• Satya Nadella, Microsoft
• Indra K. Nooyi, PepsiCo
• Richard Hamada, Avnet
• Omar Ishrak, Medtronic
• Kevin M. Murai, Synnex
• Kevin Lobo, Stryker
• Francisco D’Souza, Cognizant Technology Solutions
• Ajay Banga, MasterCard Worldwide
• Sanjay Mehrotra, SanDisk
• Lisa Su, Advanced Micro Devices

There are 10 Latino CEOs of Fortune 500 companies, accounting for 2 percent of all Fortune 500 CEOs. ADP is No. 26 in the DiversityInc Top 50. CEOs in the DiversityInc Top 50 are 4 percent Latino.

• George Paz, Express Scripts
• Josue Robles, United Services Automobile Association (USAA)
• Mario Longhi, U.S. Steel
• Bernardo Hees, H.J. Heinz
• Carlos Rodriguez, ADP
• J. Paul Raines, GameStop
• Joseph Alvarado, Commercial Metals
• Joseph Molina, Molina Healthcare
• Robert E. Sanchez, Ryder System
• Paul J. Diaz*, Kindred Healthcare

*Diaz will become Executive Vice Chairman of Kindred’s board on March 31.

There are 25 women CEOs of Fortune 500 companies, accounting for 5 percent of all Fortune 500 CEOs. IBM is No. 23 in the DiversityInc Top 50. CEOs in the DiversityInc Top 50 are 6 percent women.

• Mary T. Barra, General Motors
• Margaret C. Whitman, HP
• Virginia M. Rometty, IBM
• Indra K. Nooyi, PepsiCo
• Marillyn A. Hewson, Lockheed Martin
• Safra A. Catz, Oracle
• Ellen J. Kullman, DuPont
• Irene B. Rosenfeld, Mondelez International
• Phebe N. Novakovic, General Dynamics
• Carol M. Meyrowitz, TJX
• Lynn Good, Duke Energy
• Ursula M. Burns, Xerox
• Deanna M. Mulligan, Guardian Life Insurance
• Kimberly Lubel, CST Brands
• Debra L. Reed, Sempra Energy
• Barbara Rentler, Ross Stores
• Sherilyn S. McCoy, Avon Products
• Denise M. Morrison, Campbell Soup
• Susan Cameron, Reynolds American
• Heather Bresch, Mylan
• Ilene S. Gordon, Ingredion
• Jacqueline Hinman, CH2M Hill
• Kathleen M. Mazzarella, Graybar Electric
• Lisa Su, Advanced Micro Devices
• Gracia C. Martore, Gannett

You can also access all our lists at www.DiversityInc.com/top50.

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2 comments


  • Keith Westmeier

    President Obama says we must fundamentally change the way our Country does business. Black CEO’s in fortune 500 companies said it is time to fundamentally change the way we do business.
    Now they are all worried about their shareholders profits & americans are worried about their finances.
    The black communities have been demanding change since 1966. Now it has taken place, and we are seeing the results.
    Can we put the genie back in the bottle? And if we can, will the Civil Liberties Union call it racism?

    • Luke Visconti

      You’re repeating garbage you heard in the Koch-FOX-Murdoch echo chamber. All the Black CEOs think like the President, because they’re all Black? Really? It all sounds good in that fart-smelling locker room, but out here, we haven’t been indoctrinated and need some insight. Some facts. What Black CEOs said what? Do you have a single reference? What genie do you want put back into which bottle? Luke Visconti, CEO, DiversityInc

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